If banking were fo be sold, who are the potential buyers?
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Could be an interesting transaction for ACI Worldwide. Their CEO was a Fiserv group president in the early Yabuki period, knows the value of the assets and could maybe integrate them with ACI's payment assets?
I’ve never been more ready to get sold in my life how sad is that?
Motive Partners - JY.
“There are a lot of products that would go along with a Core sale. ATM Network, ACH and many others.”
I disagree with this post. They could sell the core business but keep payments. They want to do payments not the core. ATM networks are part of card services. It makes zero sense to include that in a core sale. Same with ACH. Maybe the poor souls that still support xroads can go with the core.
There are a lot of products that would go along with a Core sale. ATM Network, ACH and many others. Knowing the current executive group they would probably take all the profit makers with them to their new Payments company. Basically a profit raid.
If it does happen which I doubt it would be a lot more complicated than splitting the core from payments.
It would either be a private equity company or a large Indian-multinational like HCL, Tech Mahindra, InfoSys, or Tata.
Stock Split ?
FIS and JH are in worse shape than we are, so my bet is on some new Fintech with solid backing. I don't actually see this happening when you look at the percentage of revenue attributable to CAPS
It won’t all go in one big package. They will get split up. There are thousands of Fintech startups from the pandemic bo-m looking for a banking core to expand their offerings. The suitors are endless.
VC, if any competitor were to acquire Fiserv I think the combined company would have over 50% of the market. I would think the FTC would not approve the acquisition.
VC investment hasn’t always been successful. Look at Finastra.
Berkshire Hathaway
Depends on if they want to splinter it out by core or if they want one package buyer. If it's the latter, FIS or JH.